Saturday, July 20, 2013

Chief Financial Officers Are Pessimistic About Universities’ Financial Sustainability

In a new survey by Inside Higher Ed and Gallup, barely a quarter of campus chief financial officers(27 percent) express strong confidence in the viability of their institution's
financial model over five years, and that number drops in half (to 13 percent)
when they are asked to look out over a 10-year horizon.

Asked to assess the sustainability
of the business models of various sectors of higher education, they take a more
negative than positive view on several of them (nonselective private and
non-flagship public institutions, and for-profit colleges).

And more than 6 in 10 CFOs disagree
or strongly disagree with the statement that "reports that a significant
number of higher education institutions are facing existential financial crisis
are overblown."

You can read lots more here.

(ljs)

http://lawprofessors.typepad.com/legal_skills/2013/07/chief-financial-officers-are-pessimistic-about-universities-financial-sustainability.html

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